chrisdunntv
Short

Short-Term Downside Target If Support Breaks

BITSTAMP:BTCUSD   Bitcoin / Dollar
1200 8 11
Bitcoin has been fading off from the $1,000 level
(as I mentioned many times). If price snaps $800
with strength, we could see $720 - $675 pretty quickly.
DeanGoncalves
3 years ago
Its snapped BTC-e a few times already....so whats those numbers in BTC-e?
Reply
chrisdunntv DeanGoncalves
3 years ago
there's a totally separate chart for each exchange. Just look at the price areas.
Reply
nicolaennio
3 years ago
I cannot believe it is the FED bitcoin auction news... could it be a self-fulfilled prophecy of breakdown?
Reply
CameronPoe nicolaennio
3 years ago
It shouldn't be the Fed news, unless a huge portion of the market misunderstands what's happening. The feds will just auction them off, they would never use an exchange to sell off anything. They always auction forfeited goods. If anything, it's good for the market because they'll probably sell them for a fraction of what they're worth in order to get rid of them quickly.
Reply
chrisdunntv CameronPoe
3 years ago
I agree, they probably wouldn't dump them all on an exchange. But if they did it would make for a great buying opportunity!
Reply
CameronPoe
3 years ago
What sort of trade should we be looking for in a situation like this?
Reply
yerb
3 years ago
where do you place your stop loss?
Reply
chrisdunntv
3 years ago
guys, feel free to ask me questions on Twitter @chrisdunntv
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out